US10Y - Labor Day August Analysis

121
Happy Labor Day US!

With price trading inside April 1st 25, spinning top upper wick encroachment and rates predicted to fall in September, sub 4.00% seems reasonable.

Due to high resistance, aiming for low hanging fruits on lower timeframes is the best approach.

4.187% Sellside Draw
4.124% Weekly Liquidity

Trade active
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4.187% SELLSIDE DRAW INBOUND
Note
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ZB1! - 114.28 1st draw
Note
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4.187% Sellside Draw Met
Note
ZB1! - 114.28 1st Successful Draw w/ stretch target of 115.04 hourly buyside liquidity also being met.

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Trade closed: target reached
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Both Bonds And Yields Delivered To Their Intended Target For The Week!
US10Y: 4.124%
ZB1!/ZN1!: 113'09'0

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